October 25, 2011Foreclosed Property Access and Rehabilitation ProgramStaff further recommends the Foreclosure Access Program be targeted within theLow and Moderate Income Areas
the City and County
Sacramento (seeAttachment 1), which will allow development partners to acquire foreclosuresoutside
the highly targeted
eligible areas and impact a broader spectrum
low and moderate income neighborhoods negatively impacted by foreclosures.
recommended actions in this staff report areconsistent with
2008-2013 Housing Element
General Plan, adoptedNovember 18, 2008, which indicates that, "The City shall support efforts toalleviate
individual and community problems associated with mortgagedefault and foreclosure." To implement this policy,
Housing Element includesprogram 19, committing the City
enacting a comprehensive plan foraddressing the foreclosure crisis, including "neighborhood reinvestmentstrategies."
Environmental Considerations:California Environmental Quality Act (CEQA):
proposed actions,which are in furtherance
a program to facilitate
foreclosed, vacant properties for resale to qualifying homebuyers, arecategorically exempt pursuant to
Guidelines Section 15301.
The activities included in this report havebeen reviewed for consistency with the goals, policies and targets
theSustainability Master Plan and the 2030 General Plan.
this report will advance the following goals, policies andtargets: rehabilitating units following green building standards; improveenergy efficiency
the rehabilitated homes; and create healthy urbanenvironments through restorative redevelopment.
National Environmental Policy Act (NEPA):
There is no federal funding
federal action associated with the proposed actions; therefore,
does not apply.
developing the Foreclosure AccessProgram,
consulted with various community partners including existingNSP
partners and non-profit housing developers.On October
2011, the Sacramento Housing and Redevelopment Commissionconsidered the staff recommendation for this item.